Banco Macro (FRA:B4W) Beginning Cash Position: €2,797 Mil (As of Mar. 2026)

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FRA:B4W Banco Macro SA FRA:B4W
64 GF Score
Price €71.00
GF Value €28.63
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Banco Macro Beginning Cash Position?

Banco Macro FRA:B4W -7.79% 64 Beginning Cash Position is €2,797 Mil as of Mar. 2026. GuruFocus rates FRA:B4W with a GF Score™ of 64/100 and a GF Value™ of €28.63 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Banco Macro's Beginning Cash Position for the quarter that ended in Mar. 2026 was €2,797 Mil.

Banco Macro's quarterly Beginning Cash Position increased from Sep. 2025 (€1,631 Mil) to Dec. 2025 (€1,999 Mil) and increased from Dec. 2025 (€1,999 Mil) to Mar. 2026 (€2,797 Mil).

Banco Macro's annual Beginning Cash Position declined from Dec. 2023 (€3,487 Mil) to Dec. 2024 (€1,519 Mil) but then increased from Dec. 2024 (€1,519 Mil) to Dec. 2025 (€1,657 Mil).

Banco Macro Beginning Cash Position Related Terms

Banco Macro Beginning Cash Position Historical Data

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The historical data trend for Banco Macro's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Banco Macro Beginning Cash Position Chart

Banco Macro Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13,483.25 5,925.73 3,486.79 1,518.96 1,657.29

Banco Macro Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,315.05 1,750.09 1,631.12 1,998.93 2,796.99
FRA:B4W
64GF Score
Banco Macro SA FRA:B4W
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Banco Macro Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of €2,797 Mil mean?
Banco Macro (FRA:B4W) has a Beginning Cash Position of €2,797 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Banco Macro and its competitors.
Is Banco Macro's Beginning Cash Position too high?
Banco Macro's current Beginning Cash Position is €2,797 Mil. Overall, Banco Macro has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banco Macro's Beginning Cash Position compare to PNC and USB?
Banco Macro's Beginning Cash Position of €2,797 Mil can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Banks company?
A good Beginning Cash Position depends on the Banks industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Banco Macro and its competitors. Banco Macro's current Beginning Cash Position is €2,797 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banco Macro stock overvalued right now?
Based on GuruFocus' analysis, Banco Macro (FRA:B4W) is currently considered Significantly Overvalued. The stock's GF Value™ is €28.63, compared to a current price of €71.00 — trading 148% above its estimated fair value. The current Beginning Cash Position is €2,797 Mil. Banco Macro's overall GF Score™ is 64/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Banco Macro (FRA:B4W), the current Beginning Cash Position is €2,797 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Banco Macro (FRA:B4W) Overvalued in 2026?

Based on GuruFocus' analysis, Banco Macro stock appears to be overvalued. The current stock price of €71.00 is trading 148% above its estimated GF Value™ of €28.63. GuruFocus considers Banco Macro to be Significantly Overvalued.

Key valuation signals for FRA:B4W:

  • Beginning Cash Position: €2,797 Mil
  • GF Value™: €28.63 vs. price of €71.00 (148% above fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the FRA:B4W stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Banco Macro Business Description

Other Exchanges BMA:USABMA:Argentina
Address Avenida Eduardo Madero 1172, City of Buenos Aires, ARG, C1106ACY
Banco Macro SA is a financial institution and it provides standard banking products and services designed to suit individual needs. It has two categories of customers, retail customers, which include individuals and entrepreneurs, and corporate customers, which include small, medium, and large companies and corporations. In addition, it provides services to four provincial governments. The company generates the majority of its revenue from Argentina.
64GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€71.00
Price
€28.63
GF Value